EmailStock Market Update
Market Snapshot
| Dow | 12956.27 | -9.42 | (-0.07%) |
| Nasdaq | 2941.23 | -7.34 | (-0.25%) |
| SP 500 | 1360.32 | -1.89 | (-0.14%) |
| 10-yr Note | +17/32 | 2.01% | |
| NYSE | Adv 1220 | Dec 1745 | Vol 360 mln |
| Nasdaq | Adv 970 | Dec 1495 | Vol 1.06 bln |
Industry Watch
| Strong: construction and engineering; homebuilding; home furnishings; info tech consulting and services; wireless telecom; trucking; gold |
| Weak: auto parts and equipment; food retailers; diversified support services; housewares and specialties; electrical components and equipment; agricultural chemicals |
Moving the Market
 |
Financials run higher after sluggish start
Euro gains ground against greenback, despite official forecasts for a decline in 2012 eurozone GDP Weekly initial jobless claims go unchanged |
Financials Continue to Lag
22-Feb-12 14:00 ET
Dow -9.42
at 12956.27,
Nasdaq -7.34
at 2941.23,
S&P -1.89
at 1360.32
[BRIEFING.COM] The Dow recently attempted to turn positive, but it was rebuffed by resistance at the neutral line. Meanwhile, both the Nasdaq and S&P 500 remain in the red with only modest losses.
The effort by stocks to turn higher comes even though the Financial sector remains mired near its session low with a 1.0% loss. The sector has been bogged down by shares of banks, brokerages, and diversified financial services firms.
